Jay Pattanaik Profile picture
Jan 2, 2022 48 tweets 16 min read Read on X
Magic of Multi-Year Breakout
1. It is well-established fact any counter which gives a multi-year breakout, it gives exponential returns in the shortest time frame.
2. Pre-requisites for Multi-Year Breakout
(a) Turn around in company philosophy and/or management and/or profit generation.
(b) Govt Policies e.g. Ethanol blending, scrappage policy, make in India, various PLI schemes. #Multi_Year_Breakout
2. Pre-requisites for Multi-Year Breakout - Contd...
(c) Crisis e.g. Covid, Semiconductor shortages.
(d) Brownfield or Greenfield investment starts paying.
(e) Market maturity e.g. Rising interest in platforms business #Multi_Year_Breakout
3. Few examples of multi-year breakouts and exponential rise in valuation can be seen on charts. #Multi_Year_Breakout
#mastek from 456 to 3600 in one year = 690% rise. Image
#intellectdesign 275 to 889 in one year. Image
#HEG 568 to 4943, due to electrode need and electrode price rise. Image
#Reliance 742 to 2750 due to Jio and foreign investments. Image
#DEEPAKNTR From 278 to 3000, Value unlocking and expansion. Image
4. Multi-year breakout examples are many, no point in keep discussing such examples. These examples should be taken as a study to look out for future multi-year breakouts.
Some of such potential candidates are posted below:
#MMTC 60 will be the multi-year breakout. What's going to be the turn-around story? Image
#GINNIFILA 36 multi-year breakout happened. 65 is seen on the charts. Image
#RPGLIFE multi-year breakout at 502. Image
#BGRENERGY Two-year break out at 60 to 85, next multi-year BO will be at 112. 40 Image
#alpalab Multiple BO at 28.5, 49.8, and recently at 67.6, next BO level to watch out is 90. Image
#MSPL First multi-year BO at 11.5, second is awaited at 16 and target can be ATH at 90. Image
#SWELECTES Multi-year BO at 238, target can be 430 Image
#JUBLINDS 6 years BO at 298, CMP 758, how much more to go from here? Image
#ttl 6 years BO at 53, 2 years BO at 83.77, 130 is the target from here. Image
5% up today
10% up today
20% up
10% UC
20% UC
KPEL - Multi-year BO at 181.8, today at 241.5, potential target 418. I have a position, I may have biase. Image
#ECORECO - 13 years BO, into e-waste recycling business, complying norms set by the Pollution Control Board for environmental safety. Image
A video of what the company does, which is a need of the hour.
#AYMSYNTEX - Multiyear BO successful, Once ATH of 163, is crossed this stock can show its magic. Operating Profit doubled of its previous year, FII increasing stake. Image
#AYMSYNTEX - Operating Profit Rising Image
#AYMSYNTEX - Promoters and FIIs are increasing their stakes. Image
13% up
Must watch Zoom call on for #DataPatterns lovers.
#AYMSYNTEX - 6% up today, 17 Jan
#AYMSYNTEX - 11% up now, 17 Jan
#MMTC 10% up today 17 Jan, 49 now.
#GINNIFILA - Money doubled in 11 trading sessions. 16.48% up, call given at 36
Multi-year breakouts - Part 2
Some more counters on my scanner on the brim of BO or already Broken out. Let's see how they behave in times to come. Sharing Charts of few.
#TCPLPACK at 623, next resistance is at 660. Image
#SPMLINFRA at 59.90, next resistance at 89.9 Image
#BEARDSELL at 21.30 next resistance at 28. Image
#LYPSAGEMS at 9.14 next resistance at 15.85 Image
#bankbaroda at 117.95 next resistance at 138 Image
#GNFC at 538, going to be in the blue-sky zone. Image
#AGARIND at 590 next resistance at 660. Image
#TVSELECT at 261.30 next resistance is at 402.30 Image
#TCPLPACK - 13% up

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More from @jaykpattanaik

Jun 11, 2023
1/11: The High Tight Flag (HTF) pattern, also known as Powerplay, indicates a potential strong upward movement in price after consolidation. It consists of a sharp price surge (pole) followed by a tight consolidation (flag) and breakout. #HighTightFlag #Powerplay Image
2/11: Anatomy of HTF:
Flagpole: Unusual surge in price and volume within a short time.
Flag: Consolidation phase with a narrow trading range and lower volume.
Sloping Flag: It may exhibit a slight downward slope.
Duration: Typically lasting weeks to months.
3/11: Key Characteristics of HTF:
-Not solely dependent on strong fundamentals.
-Occurs due to special situations or unexplained strength.
-Less influenced by the general market.
-Works with any instrument and time frame.
-High reward-to-risk ratio, daily returns averaging 2-5%.
Read 12 tweets
Aug 27, 2022
Don't know or understand or confident in technical analysis. Sharing here the easiest way to apply technical. I will share recent, 47 scripts which have touched ATH due to these conditions:
Conditions for trading ATH counters:
1. More number of upward curves at ATH, even without price contractions. Not to be confused with VCP but if it has VCP footprints, best case scenario.
2. RSI above 70, if nearing 80 is the best case scenario.
3. Bullish RSI divergence confirms the breakout at pre-breakout.
4. Increased volume activities, even red candles are included.
5. Time for the maturity of the trade will be from 1 - 5 months.
6. Keep time SL or SL also in place in order to switch to new trade.
Read 34 tweets
Jan 9, 2022
Magic of IPO Listing High/Base Break-Out

Reasons for BO:
1. Entry of Fund House
2. Delivered as mentioned by Mgmt.
3. New favouring Govt Policies.
4. Need of hours of the product.
Types of IPO BO Candidate. Three kinds:
#IPO_Candidate_1 - Premium Listing followed by 15-45% corrections. 2-4x Potential after listing high BO, Time-frame – 1yr. e.g. #INDIAMART #HAPPSTMNDS #MTARTECH #POLYCAB #ANURAS #AFFLE
Read 15 tweets
Jan 8, 2022
#LXCHEM A gain of 33.33% is due. Seen making a base around 426, moving in a tight band (421 to 441), needs to break the upper limit(451), or lower limit(406) for confirming the move on either side. Negotiation of final at resistance(464) or support(392) will decide future course.
The move upward or downward is not clear as of now, but from the range, it is evident that the operator was keeping it in a band of 426 to 441 with very low volume, for 2 months plus. The stock was in ASM + circuit limit of 5% was a big spoiler.
Since the stock has come out of ASM yesterday, from the tight range it can be assumed that the counter should move northwards but may be to shake the existing stockholders or new entrants based on ASM news the operator might do some shake outs on either side.
Read 4 tweets
Jan 1, 2022
New Year Pick - #DATAPATTNS #datapattern
CMP 760 on 31st Dec 2021, Expecting it minimum of 3x by 31st Dec 22.
Discloser – I have in my portfolio, I may have bias.
1. DATAPATTNS - Upper limit of issue price was 585, available Rs 175 higher than CMP 760 on 31st Dec 2021.
2. Q1(Mar) company gets 90% of its revenue remaining three Qtr 0-10%. #DATAPATTNS #datapattern
3. Alphas
(a) Chairman and MD Srinivasagopalan Rangarajan @Data_Patterns energy-level, involvement, aspiration, and transparency. He is an IIT-Madras graduate.
(b) Issue price valued at ~49x of FY21 earnings, #MTAR is 149x, #Paras is 150x and #AstraMicrowave is 78.38x
Read 13 tweets
Jul 21, 2021
Price-volume relationships can tell, 4 major things. A study of volume bar is a must to confirm candle patterns. Image
BO trades may not be cutting it in the present market as reversal trades take the spotlight. Join me as we explore the conditions for a successful reversal trade with a live example.
#reversaltrading #Breakout_Failures #Technical_Learning
Conditions for Taking Reversal Trades:
#reversaltrading #Breakout_Failures #Technical_Learning Image
Read 6 tweets

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